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INDUSTRY NEWS

Nanotube boom times ahead

SOURCE: NANOMARKETS; ART COURTESY OF CARBON NANOTECHNOLOGIES INC.;
ILLUSTRATION BY LAUREN NAGODA

A new report forecasts that the carbon nanotube (CNT) electronics market will jump a whopping 6495% between 2005 and 2008, then continue high-double-digit growth until 2012. "Carbon Nanotube Electronics: A Technology Analysis and Market Forecast," published by NanoMarkets (Sterling, VA), projects that the CNT-based nanoelectronics market will reach $29.5 million this year, with income seen from sensor and display products. Then the report foresees a dizzying period of superheated expansion (as shown in the chart above), with the total market hitting $332.4 million, $751.5 million, and $1.9 billion in 2006, 2007, and 2008, respectively. By 2012, the CNT nanoelectronics space is projected to reach $12.5 billion. The commercialization of nanotube-based memory devices (with an estimated $1.7 billion market by 2009) as well as prodigious implementation in the sensors and displays segments will fuel most of the growth in the rapidly emerging sector, according to NanoMarkets.

The report also provides analyses of near- and long-term applications for CNT electronics, as well as technical and market challenges—such as inconsistent output of CNTs and high unit costs—that must be resolved. A summary of opportunities offers details on the various product and technology segments, including logic and memory applications, interconnects, displays, sensors, and thermal management. A section on influential companies reveals that a blend of major players (GE, Intel, Samsung, IBM, NEC) and up-and-coming firms (Nanomix, Nantero, Nano-Proprietary) are pursuing commercialization activities in the CNT electronics arena. For more information or to purchase the report, go to www.nanomarkets.net.


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